The team wants to build itself into a contender with the Australian driver

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That is the view of Alain Prost, a Formula 1 legend who is now an ever-present special advisor for the French carmaker's works team. He told the Guardian newspaper he is "very happy" with his current role.

"Every time I can see something that is needed, then I am there," said Prost.

Prost, a quadruple world champion who is now 63 years old, said Renault is an "interesting" challenge that is different from anything a top team like Mercedes could offer him.

"Mercedes, they're at the top, and I don't think I would have the motivation," he said. "Now it's so difficult to get back to the top that I find it very interesting."

Prost said the goal is to help Renault not just win the world championship by 2020, but to be a top team that is then "always a top team."

But Renault is determined not to become a Mercedes or Ferrari-style spender, he insisted.

"We are not going to spend money unless we know that it is worth it. Mercedes and Ferrari may have a different philosophy."

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